Update on Indian nationals rescued in Nepal. 21 Indian nationals from Tamil Nadu, who travelled for the Kailash Mansarovar Yatra, have been rescued in Nepal.


#indiansubcontinent

Aeronautical Development Agency has again extended the bid submission date for the AMCA from August 2026 to October 2026 !!

#defence

CNH Industrial To Invest ₹2,000 Cr By 2030, Double Tractor Capacity

🔹 ₹1,000 cr for new greenfield plant at Yamuna Expressway near Greater Noida + ₹1,000 cr for R&D/product dev
🔹 100 acres allotted; 4th plant in India; existing Greater Noida plant land-locked
🔹 Capacity: 70,000 now → 1.4 lakh by 2030; Phase-1 +20,000 by mid-2028
🔹 Target: 1 lakh domestic sales by 2030 vs 48k in CY25 ; $18 bn global major
#Automobile #MakeinIndia

Samudra Manthan Scheme: Govt Prepares Year-Wise Drilling Roadmap

🔹 $8.8 bn National Offshore Exploration Scheme; Oil Ministry finalising year-wise roadmap for drilling, seismic surveys, rig deployment
🔹 Focus basins: KG, Mahanadi, Andaman, Cauvery; ONGC & Oil India to be driving force
🔹 Key infra: ONGC-led JV for drillship capacity, shared investment, long-term charter to fix bottleneck
🔹 Aim to add 10-15 MTOE annual oil & gas, cut import dependence; Phase-1 till FY31 with ₹84,000 cr fund
🔹 Each deepwater well cost ~₹1,000 cr; support from govt but quantum/timelines not disclosed yet
🔹 Funds for seismic in ex No-Go zones, accelerated deepwater exploration, common production & evacuation infra, integrated oil & gas manufacturing zone
#Aatmarnirbharbharat #oil

TCS Bags ₹14K cr Porsche Deal, To Acquire Its IT Arm MHP For ₹3,574 cr

🔹 5-year strategic deal worth €1.25 bn (~₹14,000 cr); to buy MHP Management and IT-Beratung GmbH for €320 mn (~₹3,574 cr)
🔹 4,500 MHP employees + 300 clients to TCS; dedicated AI CoE for Porsche to industrialise AI across engg, mfg & CX
🔹 3rd buy in <1 year & first carveout since 2008; revenue €742 mn in 2025; MHP strong in Porsche & VW ecosystem
🔹 Follows $1bn+ Europe deals by Indian IT; TCS to scale in Germany, Europe with business consulting & SDV play
#IT #Economy

Pratap Group Invests ₹850 Cr In MP For OFC & BESS Plants

🔹 Two units inaugurated at Pithampur Smart Industrial Park, Dhar by CM Mohan Yadav
🔹 Corsis Industries: optical fibre, 5.5 mn fibre-km/yr, 8,067 sqm, ~₹350 cr, for 5G/FTTH/data centre/defence
🔹 Voltters Technologies: BESS & Li-ion, 3 GWh, 20,505 sqm, ~₹500 cr, Industry 4.0 + robotics
🔹 Push for clean energy + digital infra; aligns with National Clean Energy Mission
#MakeinIndia #Telecom #Batteries

🔗 Economic Times

India will be taking on Uruguay on 6th October, 2026 in VYBK in Kolkata!!

This match will be another historic match for India right on the heels of the Brazil match!

India will be playing two World Cup winning nations within a span of 3 days!!

#sports

Minda Corp is investing ₹270 crore to set up an auto display plant, aiming to boost local manufacturing and strengthen backward integration, enabling it to build domestic capabilities in automotive display systems and serve both Indian and global customers. #Automobile

🔗 Cnbc Tv18

DRL, Emcure Cleared For Twice-Yearly HIV Prevention Jab Lenacapavir

🔹 CDSCO waives Phase-III & BE trials for prevention use; asks for Phase-IV study in India
🔹 Drug: 463.5mg/1.5ml, twice-yearly injectable, for at-risk adults ≥35kg; approved in US, UK, EU etc
🔹 Prevention waiver only; treatment for MDR-HIV denied over lack of Indian PK data
🔹 Gilead licensed generics to 6 cos for 120 low-income nations; DRL & Emcure first to get nod
#Medicine #Health

Singtel Lines Up For India's Satcom Race, Seeks Fresh FDI

🔹 Eyes satcom via wholly-owned STIPL; seeks fresh FDI as it expands scope beyond 20-yr ops
🔹 To target public & private enterprises with 36-38 GEO satellites + multi-orbit platform
🔹 Open to partner global players like Starlink; application under govt consideration
🔹 Temasek co-owned Singtel holds 26.85% in Airtel;
#Space

Air Cargo Growth Hits Fast Lane On E-comm, Exports

🔹 Airports handled 10.8 lakh tonnes in Apr-Jun, up 12% YoY; intl cargo +14% to 6.78 lakh tonnes; 18% revenue growth ex-India
🔹 Demand from e-comm (70% of express shipments), pharma, electronics, semiconductors, EVs; Egypt Air, Hong Kong Cargo, Qatar Airways add flights
🔹 Iran-US airspace curbs push cargo via Middle East; Asia-Pac carriers gain, Singapore Air +26% tonnage; Air India, IndiGo benefit from high rates
🔹 Air India adds 6 transshipment hubs incl Copenhagen, London; Chennai-Frankfurt via Delhi tonnage to jump 1,763 → 3,183 tonnes, +∼80%
#Ports

India and the UK are set to sign an Inter-Governmental Agreement to co-design, co-develop, and co-produce Integrated Full Electric Propulsion systems for the Indian Navy.

GE Vernova and BHEL will build India’s first maritime Land-Based Testing Facility to support the programme.

The IFEP tech will first power 4 Landing Platform Docks, with plans to scale to larger warships above 6,000 tonnes and retrofit older vessels.

This builds on the Statement of Intent signed in Portsmouth in November 2024. #Defence

Greenko-Backed AMI To Install 9k Nvidia Vera Rubin Chips, Among first in asia

🔹 Ordered 9,000 Vera Rubin GPUs, delivery Q1 2027 in Hyderabad
🔹 Among earliest adopters in Asia, 10x throughput vs Blackwell
🔹 Chips 40-80% costlier, but 10x lower cost/token
🔹 Phase-1: 30 MW in Q1 2027; 200 MW in 18 months; $8 bn capex
🔹 Global plan: 5 GW data centre capacity across India, Malaysia, Finland, US
🔹 Funding: $1.5 bn equity via Morgan Stanley + $1.5 bn GPU debt from Japan banks
#Ai #Jobs

63 Indian Workers rescued from Nepal who were working in Trishuli-I Project #IndianSubcontinent

India's Merchandise Exports Rise 15% To $25 Bn In Aug 1-21

🔹 Aug 1-21 exports +15% YoY to >$25 bn; FY26 till Aug 21 crosses $200 bn
🔹 Apr-Jul exports $173.78 bn, +17.04%; July alone $44.24 bn, +19.63%
🔹 Drivers: petroleum products, electronics (mobiles), engineering goods; textiles under pressure
🔹 Rupee depreciation adds competitiveness vs rivals
🔹 Top growth mkts: China, SE Asia, Africa in Apr-Jul; engineering exports July +18% to $12.2 bn
🔹 Govt target: $1 tn total exports in FY27; $530 bn goods + $470 bn services vs $863 bn in FY26
#Economy #Exports

🔗 Economic Times

Yantra India Limited is investing over ₹750 crore to upgrade its Metal and Steel Factory in Ishapore with a new hydraulic press and radial forging plant, aimed at boosting domestic defense manufacturing of gun barrels and specialized components. This modernization effort is set to reduce foreign imports while strengthening regional MSME ecosystems. #MakeinIndia #Steel

Gujarat Unveils Flexible Industrial Policy, Thrust On R&D & Relocation

🔹 Units can pick own mix of capital, interest, power tariff subsidies up to ceiling
🔹 Sector-agnostic policy; 21 thrust sectors get extra benefits
🔹 No min capex barrier; even micro enterprises eligible
🔹 R&D push: Gujarat Research & Innovation Park; first 5 centres (≥₹300 cr) get higher capex support
🔹 Other entrants still get opex, IPR, patent support
🔹 Project THRIVE: incentives to shift units from urban to planned estates; lower transfer fees, relaxed FSI, wage & housing support
🔹 Workforce housing: 80% cost support up to ₹40 cr for dorms, working women hostels near clusters
🔹 Women entrepreneurs: return-to-work accelerator, rental aid, +1% interest subsidy
🔹 Startups: ₹25k/month for 1 yr (₹30k if woman co-founder; 2 yrs for high-tech/biotech/green); seed support up to ₹50 lakh
#Policy

When Tik Tokers are chosen as country leaders. #IndianSubcontinent

Thoothukudi is establishing two major space industrial parks to support the upcoming Kulasekarapattinam spaceport:

The 890-acre Propellant Park in Kulasekarapattinam for rocket propellant manufacturing (DPR and land acquisition underway; MoUs signed with Premier and Solar Explosives)

The Space Manufacturing Park in Allikulam for end-to-end rocket and satellite production, featuring a TIDCO/IN-SPACe Common Technical Facility and MoUs with Agnikul Cosmos and Skyroot Aerospace. #Space